The Federal Reserve left benchmark interest rates unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Trump pursues.

BMO Capital Markets revised its outlook on Metro Inc . (TSX:MRU:CN) (OTC: MTRAF), upgrading the stock from Market Perform to Outperform and increasing the price target from Cdn$92.00 to Cdn$96.00. The adjustment came after the stock experienced a pullback following the company’s first quarter fiscal year 2025 results.

The online poll also found 48 per cent of those surveyed believed the economy will weaken over the next year, while 19 per cent expect it to improve. Despite the pessimism among respondents, BMO Capital Markets senior economist Robert Kavcic said the global economy is expected to grow this year.

BMO Capital raised the firm’s price target on Invesco (IVZ) to $21 from $19 and keeps a Market Perform rating on the shares after its Q4

BMO Capital Markets sees turbulence picking up in U.S. equities in 2025, and published a list of dividend-growth stocks it said can help investors weather bouts of volatility. Such stocks can aid in mitigating losses,

US consumer prices rose in December by less than forecast after months of faster underlying inflation persuaded the Federal Reserve (Fed) to signal a pause in interest-rate cuts.

The Treasury Department is preparing a record-size auction for government debt that expires in 10 years. This afternoon $20 billion worth of 10-year Treasury inflation protected securities will be issued,

Inflation and interest rates might not ease much anytime soon, but both the Phoenix and U.S. economies start 2025 in good shape, according to GPEC.

Canada's annual inflation rate slowed to 1.8 per cent in December after rising 1.9 per cent in Novem ber, as the temporary GST tax break brought down the price of restaurant meals, alcohol and toys. Economists polled by Reuters had expected inflation to remain unchanged at 1.9 per cent last month.

Officials from the Bank of Canada delivered a warning shot about the likely spillover effect of a trade war with the U.S. - with the likely outcome being slower economic growth and higher inflation for both countries. The BoC laid out this case in conjunction with a decision to cut interest rates by a quarter-point increment to 3%.

“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher cost of imported goods will put direct upward pressure on inflation,” Bank of Canada Governor Tiff Macklem said in a prepared opening statement on Wednesday.

Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.